§ 52-4A. Authorization to issue an estimated personal property tax bill.  


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  • (a)   If the State Department of Assessments and Taxation does not notify the County of any particular personal property tax assessment or operating personal property assessment by September 1 of any tax year, the Collector may issue an estimated personal property tax bill to the taxpayer.

    (b)   The estimated personal property tax must be calculated by applying the applicable current property tax rate to the most recent assessment of the property.

    (c)   The taxpayer must pay the estimated tax bill within 30 days after the bill is received, reasonably should have been received, or is made available to the taxpayer. If the estimated bill is not paid when due, the unpaid balance is subject to interest and penalty as provided by law.

    (d)   If the tax paid under this Section is less than the tax finally determined to be due, the Collector must send a bill to the taxpayer for the difference. If this tax bill is not paid within 30 days after the bill is received, reasonably should have been received, or is made available to the taxpayer, the unpaid balance is subject to interest and penalty as provided by law.

    (e)   If the tax paid under this Section is more than the tax finally determined to be due, the Collector must refund the difference to the taxpayer with interest as provided by law. (2013 L.M.C., ch. 24, § 1.)